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Khamenei shifts responsibility for MoU as Iran, US implement Hormuz terms

Jun 18, 2026, 22:17 GMT+1
File photo shows a picture of Iran's Supreme Leader Mojtaba Khamenei during a state-organized rally
File photo shows a picture of Iran's Supreme Leader Mojtaba Khamenei during a state-organized rally

Iran's Supreme Leader sought to distance himself from the Iran-US memorandum of understanding, saying he approved it despite having “another view in principle,” as the two arch-rivals began implementing the document’s Strait of Hormuz commitments Thursday.

In his first message after the signing of the MoU, Mojtaba Khamenei said on Thursday he authorized the agreement only after President Masoud Pezeshkian, as head of the Supreme National Security Council, accepted responsibility for safeguarding Iran’s national rights and the interests of the “Resistance Front.”

He said Pezeshkian had pledged on behalf of himself and other council members to protect Iran’s rights and those of the Resistance Front, and had made clear that excessive US demands would be rejected.

“He also made clear that if the American side seeks excessive demands, they will not accept them,” Khamenei said.

The message reflected a pattern long associated with his father’s leadership: endorsing a major decision while maintaining a degree of political distance from its outcome.

By emphasizing Pezeshkian’s responsibility and the Supreme National Security Council’s assurances, Khamenei appeared to leave himself room to fault the government if the MoU falters, while retaining credit if it holds.

In his message, Khamenei said Iranian officials had made extensive efforts “out of compassion and goodwill” to reach the agreement, while accusing US President Donald Trump of acting “out of desperation” and using “all kinds of leverage” to secure it.

In-person talks with US

Khamenei also appeared to prepare the ground for upcoming in-person meetings between Iranian and American officials, saying, “It is self-evident that the in-person negotiations that will take place in the future will not mean acceptance of the enemy’s position.”

The message appeared aimed at both justifying his approval of the MoU and shifting political responsibility for its outcome to Pezeshkian and the Supreme National Security Council, as hardliners continued to criticize the agreement.

“From this moment, we — you, the proud nation, and this humble servant — will await the realization of the stated conditions,” he said.

US says blockade lifted

US Central Command said on Thursday that American forces had lifted the blockade on all maritime traffic entering and exiting Iranian ports and coastal areas in accordance with Trump’s direction.

“American forces are not impeding the transit of vessels to or from Iranian ports on the Persian Gulf and Gulf of Oman,” CENTCOM said in a post on X.

“All US military blockade enforcement efforts have ceased,” it added.

CENTCOM said US naval ships would remain in the area to ensure all aspects of the agreement were “adhered to, obeyed and in full force and effect.”

Iran sets Hormuz procedures

Iran’s Supreme National Security Council in turn said commercial vessels seeking passage through the Strait of Hormuz must submit requests to the Persian Gulf Strait Administration through PGSA.ir, in line with clause 5 of what Tehran calls the Islamabad memorandum of understanding.

The council said no fees would be charged to applicants for 60 days under the terms of the MoU, adding that the costs would be covered by the Iranian government.

It said the Persian Gulf Strait Administration had been instructed to process and respond to requests “with speed and priority” to help implement the objectives of the agreement.

The council added that because of “special conditions” and safety risks along the route, ships must pass through the strait at the assigned time and along the assigned route to ensure safe transit and prevent maritime incidents.

The parallel announcements marked the first visible steps by both sides to implement the maritime provisions of the MoU, after weeks of confrontation in the Persian Gulf and the Strait of Hormuz.

The Strait of Hormuz arrangements are among the first practical tests of the MoU, which began implementation Thursday and opened a 60-day period for negotiations toward a final agreement.

For Iran, the new process allows Tehran to retain a role in managing passage through the strait while waiving fees for 60 days and pledging to facilitate traffic. For Washington, the lifting of the blockade signals a reciprocal step while keeping US naval forces in the area to monitor compliance.

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Why some think a weakened Iran could emerge stronger

Jun 18, 2026, 21:37 GMT+1
•
Negar Mojtahedi
Why some think a weakened Iran could emerge stronger
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Iran emerged from the recent conflict militarily weakened, its regional proxies battered and its deterrence challenged, yet many analysts now warn that Tehran may be turning battlefield losses into political leverage.

The central question, some observers say, is no longer whether Iran lost the war but whether it survived long enough to turn military setbacks into political gains.

"The Iranian regime is now entering the strategy of what I call surviving, recovering, and rebuilding," former Israeli intelligence official and Middle East analyst Avi Melamed said.

That assessment reflects a broader regional anxiety that after years of pressure on Iran's so-called Axis of Resistance, Tehran may now gain the time and space necessary to reconstruct its influence.

Since the October 7 attacks and the ensuing regional conflict, Iran's proxy network has faced unprecedented pressure. Hezbollah and Hamas have been weakened, while Iranian military infrastructure has come under direct attack.

Yet some in the region fear a return to “square one and even in the worst conditions,” as Melamed put it.

"The Iranian regime marked a triumph," Melamed added. "As far as the Iranian regime is concerned, it views itself as the victorious one."

Whether Tehran can ultimately translate survival into renewed influence will depend in part on whether the emerging understanding with Washington evolves into a durable agreement.

But the prospect alone has already prompted debate across the region about the political consequences of the war.

A changing Middle East

The implications extend beyond Iran.

Middle East analyst and ISGAP research fellow Dalia Ziada argues that one consequence of the war may be a more fragmented regional order. The familiar framework of an Iran-led axis facing Israel and moderate Arab states may no longer adequately describe the region's evolving dynamics.

"What we thought is a Gulf Cooperation Council or a unified Gulf opposition is now being dismantled, dismantled severely," Ziada said, adding that Iran's Arab neighbours will increasingly “act individually and they will not be shy about it.”

According to Ziada, the post-war Middle East may increasingly be shaped by competition between regional powers, mainly “between Turkey and the axis it represents and Israel and the axes it represents.”

This fragmentation comes at a moment of growing uncertainty over America's role in the region.

The reliability question

One theme surfaced repeatedly across interviews: concerns over US credibility.

"There is a narrative that has been already circling around for many years," Melamed said. "That narrative basically says that the United States is not a reliable ally."

Many Persian Gulf states had hoped the war would significantly reduce Iran's regional influence. Instead, the prospect of a US-Iran understanding has generated unease among some regional actors who fear Tehran could once again rebuild its capabilities.

Ziada argued that many regional actors feel abandoned.

"The US probably is not the same ally we expected it would be," she said.

For Arab monarchies, geography remains inescapable. Iran is not a distant adversary but a permanent neighbor with missile capabilities and extensive regional networks.

If the regime emerges emboldened, Persian Gulf states may increasingly feel compelled to accommodate Tehran even as they continue to view it as a threat.

Victory or strategic pause?

Not all analysts agree that Iran has emerged stronger.

Iran scholar Maj. (res.) Alex Grinberg argues that military realities still matter. In his view, Iran's ability to project power has been significantly degraded.

"Iran is now fighting for its survival and it fails to project power," said Grinberg of the Jerusalem Institute for Strategy and Security and the Turan Research Center.

He cautions against viewing the conflict through a zero-sum lens in which anything short of regime collapse constitutes failure.

"The balance of power shifted in favor of the US and Israel," he said. But, he added, "it doesn't mean that Israel and America control the Middle East."

Grinberg also argued that Tehran may be exploiting Washington's priorities.

"Iran is, of course, exploiting the weakness of the US, which resides in the mere desire to reach a deal," he said.

Whether Tehran ultimately gains influence, he argues, depends less on Iran itself than on the choices made in Washington.

A people forgotten

Lost amid discussions of geopolitics and regional balances of power are the people of Iran themselves.

Many Iranians had hoped that increased pressure on the Islamic Republic would lead to meaningful political change after years of repression and deadly crackdowns. Instead, some now express feelings of abandonment.

Melamed acknowledged those expectations.

"There has been a lot of expectations and hope," he said. "Well, it doesn't seem to be like the case at least at this point."

For many inside Iran, the post-war settlement is viewed not as a breakthrough but as a return to a status quo that has repeatedly failed to address their aspirations.

Their frustration underscores a deeper question: if military pressure, mass protests and international isolation do not alter the regime's behavior, what comes next?

The answer may determine not only Iran's future but also the future balance of power in the Middle East.

Wars do not always end with winners and losers. Sometimes they end with paradoxes.

The greatest paradox of all may be that a weakened Iran could still emerge with greater influence.

US says Iran deal will end enrichment, destroy uranium stocks, cap missiles

Jun 18, 2026, 20:14 GMT+1
US says Iran deal will end enrichment, destroy uranium stocks, cap missiles
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US Vice President JD Vance speaks during a press briefing at the White House in Washington, D.C., U.S., June 18, 2026.

US Vice President JD Vance said a final deal with Iran will bar uranium enrichment, destroy Tehran’s enriched uranium stocks and cap the range of its missiles, as a 60-day negotiation period began Thursday following the signing of a US-Iran MoU.

Its implementation began Thursday, Vance told reporters at the White House, opening a 60-day negotiation period in which the two sides are expected to work out the terms of a final agreement. Talks are set to start Friday, with the US vice-president expected to join the negotiations Sunday.

Vance said the final deal, unlike the interim MoU, would have to settle the core US demands on Iran’s nuclear and missile programs: no uranium enrichment, the destruction of enriched uranium stocks and limits on the range of Iranian missiles.

“This is not the Obama deal,” Vance said, contrasting Trump’s approach with the 2015 nuclear agreement. “The Obama deal allowed the Iranians to enrich uranium. This deal will not allow the Iranians to enrich uranium.”

He said Tehran would also have to give up its existing enriched material under any final agreement.

“The enriched uranium stockpile has to be destroyed,” Vance said.

Vance added that the final deal would also restrict Iran’s missile program, saying, "We do expect that as part of the final deal they are not going to be able to build the kind of missiles that can broadly threaten the entire world."

No money without compliance

Vance rejected suggestions that Iran would automatically receive major financial benefits under the MoU, saying Tehran would get no US money and would only gain access to sanctions relief or outside investment if it fully complied and changed its behavior.

“The part of this MOU that I think have been most misrepresented by certain parts of the media is the idea that the Iranians get all these benefits,” Vance said. “You will hear things about $300 billion or $24 billion or this or that number of money or amount of money.”

“The simple fact is that the only way the Iranians get any of those resources, not a single penny, by the way, from the United States of America under any circumstances, but the only way that they would ever get any benefit of the bargain is if they comply fully and change their behavior,” he added.

Vance said the arrangement left Washington in a strong position regardless of Tehran’s choice.

“If the Iranians don’t change their behavior, their military and their nuclear program is still destroyed,” he said. “If they do change their behavior, then they are going to have a transformative relationship with the Middle East, and the Middle East will have a transformative relationship with the people of Iran.”

US sign-off for investment

Vance said any future foreign investment in Iran would require US approval because sanctions relief, waivers or exemptions would be needed before governments or companies could proceed.

He gave the United Arab Emirates as an example, saying Abu Dhabi could invest in Iran only if Tehran changed its behavior and Washington signed off on the necessary sanctions relief.

“Let’s say the United Arab Emirates, who have been a great ally over the last, not just a few months, but over the last many years. Let’s say that they would like to invest in building a power plant,” Vance said in earlier remarks. “That actually is impossible right now, because of the way that US sanctions work.”

“What we’re saying is that if you behave, and if the Emiratis themselves want to build a power plant, then we will do the sanctions relief necessary to make that possible,” he added.

Vance said such investment would not simply reward Iran but create regional leverage over Tehran.

“The good thing about that is that it actually creates integration, which is leverage,” he said. “A world where the Gulf Coast Coalition has greater leverage into the Iranian economy is a world where the Iranians are going to be heavily prevented from misbehaving.”

Waivers and transparency

Vance argued that sanctions alone had failed to force Iran to change its behavior, while the new approach would give Washington a clearer view of where money goes once restrictions are lifted.

Under the approach described by Vance, economic openings would depend on specific US approvals, including sanctions waivers, rather than broad or automatic relief. That would allow Washington to track which countries or companies invest in Iran, what projects they fund and whether Tehran is complying with its commitments.

“So, what I’d ask all of you is just to report honestly that the United States isn’t giving up a cent of money to Iran,” Vance said. “And even the economic benefits, the sanctions relief, and so forth, that comes along with this bargain only happens if the Iranians perform.”

Pragmatists gaining ground in Iran

He also said there were “real divisions” inside Iran over how to proceed and argued that “pragmatists” in the Iranian system were gaining ground.

“What we’ve seen over the last couple of months is that the pragmatists within the Iranian system, the people who really do want to transform their relationship with the Middle East and within the world, those people are winning the argument,” Vance said.

“The United States wants those people to win the argument,” he added. “The United States wants to have a better relationship, but in order for that to happen, the Iranians have to perform, and if they don’t perform, as we’ve said before, they don’t get any of the benefits of the bargain.”

Hormuz traffic resumes

Vance said Iran was complying with its early commitments in the Strait of Hormuz, where shipping traffic began to recover after weeks of confrontation.

“Last night, 12.5 million barrels of oil were through the Strait of Hormuz,” Vance said, describing it as the highest level since the beginning of the conflict.

“The Iranians, for the second night in a row, did not shoot at any ships in the Strait of Hormuz,” Vance said. “So far they are honoring their end of the commitment.”

Vance said US Central Command had allowed more than a dozen ships to pass through the naval blockade, saying Washington was also honoring its side of the early military provisions of the agreement.

US Central Command said separately that American forces had lifted the blockade on all maritime traffic entering and exiting Iranian ports and coastal areas in accordance with Trump’s direction.

“American forces are not impeding the transit of vessels to or from Iranian ports on the Persian Gulf and Gulf of Oman,” CENTCOM said in a post on X.

“All U.S. military blockade enforcement efforts have ceased,” it added.

CENTCOM said US naval ships would remain in the area to ensure all aspects of the agreement were “adhered to, obeyed and in full force and effect.

Iran’s Supreme National Security Council, in turn, said traffic through the Strait of Hormuz would be increased gradually and that vessels should pass at the time and along the route allocated to them due to security issues.

Technical details about passage through the strait will be announced by the Persian Gulf Strait Authority, the council said.

Measures on mine clearance will be carried out under the Islamabad memorandum of understanding, it added.

Iranians say US deal leaves people out of the equation

Jun 18, 2026, 10:52 GMT+1
Iranians say US deal leaves people out of the equation
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People walking in Tehran bazaar on June 15, 2026.

As Tehran and Washington move toward a memorandum to end the war and reopen the Strait of Hormuz, messages from inside Iran show anger that the deal speaks of uranium, Lebanon and money, while ordinary Iranians remain absent from the text.

The messages, sent to Iran International on Thursday, reflect grief, suspicion and political anger after details emerged of the memorandum between Tehran and Washington.

The agreement outlines a halt to the war, a 60-day negotiation period, steps toward reopening the Strait of Hormuz, possible oil waivers and discussions over frozen assets and sanctions relief.

  • As Western activists chant ‘No War,’ some Iranians cheer US strikes

    As Western activists chant ‘No War,’ some Iranians cheer US strikes

But for many Iranians who responded, the central question was not what the Islamic Republic might receive, or whether Washington would enforce the terms. It was why ordinary Iranians appeared absent from the agreement.

“We gave our fallen, we endured more hunger and poverty, there was war, we moved further away from our dreams, we were hurt, we were killed unjustly, but uranium was the main issue,” one message said. “In these several clauses of the agreement, there was no word about the people of Iran.”

  • Iranians face war with fear, joy and hope

    Iranians face war with fear, joy and hope

Another message described the memorandum as an agreement signed “over the bodies of Iran’s children,” referring to what the sender said were 42,000 lives lost.

The message reflected a broader anger among several respondents who saw the deal as a bargain made after months of bloodshed and repression.

Some directed their anger at US President Donald Trump, saying they had hoped Washington would side more clearly with the Iranian people. “Trump is a businessman who first sees his own profit and his country’s interests, and it does not matter to him what has happened or what will happen,” one message said.

Another sender wrote: “Tell Trump that your betrayal has remained so deeply in our hearts and minds that if one day America and Europe need the help of the people of Iran, not a single person will come toward you.”

Others focused on Mohammad Bagher Ghalibaf, the lead Iranian negotiator expected to sign the memorandum in Switzerland on Friday. Ghalibaf has defended the document and urged officials to focus on improving the economy, but one message accused him of speaking more about Lebanon than about Iranians.

“Mr. Ghalibaf, in the same speech where you said we should fix people’s economy, you spoke several times more about Lebanon than about the people of Iran, and said the first clause of the agreement is also Lebanon,” the message said.

The 14-point memorandum includes a provision on ending military operations on all fronts, including Lebanon, and ensuring Lebanon’s sovereignty and territorial integrity. It also includes provisions on the Strait of Hormuz, oil exports, frozen assets, sanctions and Iran’s nuclear program.

  • Hope, anger and distrust: Iranians debate Iran-US memorandum online

    Hope, anger and distrust: Iranians debate Iran-US memorandum online

US officials have since sought to limit expectations, saying the memorandum does not provide Tehran with automatic access to frozen assets, immediate sanctions relief or direct US funding.

They said any economic benefit would depend on Iranian compliance and progress toward a final deal, particularly on nuclear issues.

  • Iran markets rally on US deal hopes, but economists warn relief is no cure

    Iran markets rally on US deal hopes, but economists warn relief is no cure

Inside Iran, however, the messages show that many are judging the agreement less by its financial mechanisms than by what it signals politically.

Some saw it as proof that the Islamic Republic’s long confrontation with the United States had ended in failure. “We are not fooled by the regime’s propaganda,” one message said. “The current memorandum between Iran and America was a definite defeat for the Islamic Republic’s 47-year policy.”

Another urged patience and unity, framing the deal as part of a longer process of weakening the system. “Be patient, regime change is happening, although at a gentle speed,” the message said. “Just stay united and give each other hope.”

But several messages were more despairing than hopeful. One sender compared the moment to a scene in a war film where a soldier, after fighting through chaos, suddenly stands still in shock and cries.

“That is how we, the people of Iran, feel with the news of the negotiations,” the message said.

Another asked why no country had insisted that Iranians themselves had rights that should be part of any settlement. “Why was there no one anywhere in the world to say that we, the people of Iran, had the right to live?” the message said. “Why should the human rights of all people in the world be respected except those of Iranians?”

US says Iran won't get funds upfront under MoU

Jun 17, 2026, 22:24 GMT+1
US says Iran won't get funds upfront under MoU
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A rusting shipwreck lies partially submerged in the Strait of Hormuz, June 2026

Senior US officials sought to clarify key provisions of the memorandum of understanding (MoU) with Iran, pushing back against reports that Tehran would receive access to frozen assets, sanctions relief or a multibillion-dollar reconstruction package upon signing the agreement.

The clarifications came after the text of the 14-point memorandum finally emerged on Wednesday, triggering a wave of reactions, competing interpretations and political criticism in both Tehran and Washington.

Speaking on a background call after the text was made public, the officials said the agreement does not commit Washington to any immediate economic concessions, but instead creates a framework under which incentives would be tied to Iranian compliance and progress toward a final deal.

The comments appeared aimed at countering interpretations in Iranian media that the memorandum would unlock large-scale financial benefits for Tehran before a comprehensive agreement is reached.

Addressing a provision in the MoU to create a reconstruction and economic development plan worth at least $300 billion, the officials said the language does not require the United States to contribute funds or provide direct financial assistance to Iran.

Instead, they said the provision would allow sanctions relief in the future if Iran fulfills its commitments, enabling third countries and private investors to participate in projects inside Iran.

The officials also stressed that any sanctions relief would be linked directly to progress on nuclear issues, meaning Tehran would only receive economic benefits in exchange for verifiable nuclear concessions, including the disposal of its stockpile of highly enriched uranium.

Frozen assets

The administration offered its strongest clarification on the issue of frozen Iranian assets.

Iran had originally sought access to restricted funds immediately upon signing the memorandum, according to the officials, but the final text tied any release of assets to implementation of the agreement and progress toward a broader settlement.

The officials said Iran ultimately accepted that no funds would be released automatically upon signing the MoU and that access to frozen assets would depend on what they described as demonstrable good behavior and compliance with the framework.

Some frozen assets could be released during the negotiation period, they added, if Iran takes concrete steps demanded by Washington, including actions related to its nuclear program.

Strait of Hormuz

The officials also downplayed broader interpretations of the memorandum's provisions on the Strait of Hormuz, saying the relevant sections are focused on reopening the waterway and ensuring the free flow of commercial shipping.

They said the agreement is intended to restore navigation through the strait rather than establish a wider security framework for the Persian Gulf.

The officials said they beleieve regional countries would never agree to an arrangement that doesn't permit toll-free access to the Strait of Hormuz.

Miltary assets

The officials further indicated that the United States does not plan to immediately reduce its military posture in the region following the signing of the memorandum. Any future adjustments, they said, would depend on Iranian compliance and progress toward a broader agreement.

They also described direct communication channels established during the conflict between US forces and the Islamic Revolutionary Guard Corps as one of the factors that made the negotiations easier.

According to the officials, those channels reduced the risk of misunderstandings and allowed messages to be exchanged more quickly during both the fighting and subsequent diplomatic efforts.

Officials also rejected suggestions that the memorandum excludes nuclear issues, noting that the text explicitly commits both sides to negotiations over Iran's enriched uranium stockpile and broader nuclear activities.

The memorandum follows weeks of diplomacy led by regional mediators, particularly Pakistan and Qatar, aimed at ending a conflict that began on Feb. 28 when the United States and Israel launched strikes on Iran.

The framework is intended to halt the fighting, reopen the Strait of Hormuz and create a pathway toward a broader agreement.

The memorandum is expected to be formally signed later this week, after which negotiators will begin work on a final agreement envisioned under the framework.

Text of US-Iran memorandum released

Jun 17, 2026, 20:17 GMT+1
Text of US-Iran memorandum released
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A senior US official on Wednesday read out a 14-point memorandum of understanding between the United States and Iran that outlines a high-level understanding to halt the war in Iran and open the Strait of Hormuz.

The agreement defers many of the most difficult issues, including how to wind down Iran's nuclear program, until a final deal is reached, and paves the way for a broader 60-day negotiation period due to begin in Switzerland on Friday.

The document, titled "Islamabad Memorandum of Understanding between the United States of America and the Islamic Republic of Iran," was read out to reporters by the US official as follows:

1. The United States of America and the ​Islamic Republic of Iran and their ⁠allies in the current war, by signing this MoU (Memorandum of Understanding), declare the immediate and permanent termination of military operations on ‌all fronts, including in Lebanon, and undertake from now on not to initiate any war or any military operation against each other, and to refrain from the threat or use of force against each other, and ensuring the territorial integrity and sovereignty of Lebanon. The final deal will confirm the permanent termination of the war on all fronts, including in Lebanon, and other provisions of this paragraph.

2. The United States of America and the Islamic Republic of Iran undertake to respect each other's sovereignty and territorial integrity, ​and to refrain from interfering in each other's internal affairs.

3. The United States of America and the Islamic Republic of Iran commit to negotiating and achieving the final deal ‌in maximum 60 days extendable with mutual consent.

4. Immediately upon the signing of this MoU, the United States of America will begin the removal of its naval blockade and any disturbances or impediments against the Islamic Republic of Iran, and will fully end the naval blockade within 30 days. During this period, the traffic of vessels will be in proportion to the numbers of pre-war traffic being restored by the Islamic Republic of Iran. The United States of America further undertakes to remove ‌its forces from the proximity of the Islamic Republic of Iran within 30 days after the final deal.

5. Upon the signing of this MoU, the Islamic Republic of Iran will make arrangements using its best efforts for the safe passage of commercial vessels with no charge for 60 days only from the Persian Gulf to the Sea of Oman and vice versa. The traffic of commercial vessels will immediately start ⁠and, considering the need for removing the technical and military obstacles and de-mining by the Islamic Republic of Iran, will be instated within 30 days. The Islamic Republic of Iran will conduct dialog with the Sultanate of Oman to define the future administration and maritime services in the Strait of Hormuz, in discussion with other Persian Gulf littoral states in line with ‌the applicable international law and ​the sovereign rights of coastal states of the Strait of Hormuz.

6. The United States of America undertakes with regional partners to develop a definitive, mutually agreed plan with at least USD 300 billion for the reconstruction and economic development of the Islamic Republic of ​Iran. The mechanism for the implementation of this plan will be finalized as part of final deal within 60 days. All required licenses, waivers, and permissions needed for the relevant financial transactions will be granted by the ⁠United States of America.

7. The United States of America undertakes to terminate all types of sanctions against the Islamic Republic of Iran, including the United Nations Security Council resolutions, ‌i.e. IAEA Board of Governors resolutions, and all unilateral US sanctions, primary and secondary, in an agreed upon schedule as part ​of the final deal. The Islamic Republic of Iran and the United States of America acknowledge the critical importance of the sanctions termination issue above mentioned and express their intentions to immediately address these issues in the negotiations in order to achieve mutual agreement on them.

8. The Islamic Republic of Iran reaffirms that it shall not procure or develop nuclear weapons. The United States of America and the Islamic Republic of Iran have agreed to resolve the disposition of stockpiled enriched material pursuant to ‌a mechanism that will be mutually agreed upon, in accordance with the schedule mentioned in paragraph seven with the minimum methodology to be down blending on site under the supervision of the ​IAEA. The two parties also agreed to discuss the issue of enrichment and other mutually agreed matters related to the Islamic Republic of Iran's nuclear needs, based on a satisfactory framework being agreed upon in the final deal. The final deal will confirm the provisions of this paragraph. The United States of America and the Islamic Republic of Iran acknowledge the critical importance of the nuclear issues above mentioned and express their intention to immediately address these issues in the negotiations in order to achieve mutual agreement on them.

9. Pending the final deal, the United States of America ​and the Islamic Republic of Iran agree to maintain the status quo. The Islamic Republic of Iran will maintain the current status quo of its nuclear program and the United States of America will not impose any new sanctions and will not deploy additional forces in the region.

10. The United States of America undertakes that immediately upon the signing of this MoU and until the termination of sanctions, US Department of Treasury will issue waivers for the export of Iranian crude oil, petroleum products, and derivatives, and all associated services, including banking transactions, insurances, transportation, etc.

11. The United States of America undertakes to make fully available for use the frozen or restricted funds and assets of the Islamic Republic of Iran. Upon the implementation of this MoU, the United States of America and the Islamic Republic of Iran will mutually agree on the procedures related to the release of these funds during the negotiation. Such funds, whether retained in the original account or transferred, shall be made fully usable for payment to any ultimate beneficiary designated by the Central Bank of the Islamic Republic of Iran. The United States of America undertakes to issue all necessary licenses and authorizations accordingly.

12. The United States of America and the Islamic Republic of Iran agree that an executive mechanism will be ⁠established to monitor the successful implementation of this MoU and the future compliance of the final deal.

13. After signing this MoU, and subject to the beginning of the ⁠implementation of paragraphs 1,4,5,10 and 11 of this MoU, and ​the continuing implementation of these measures, the United States of America and the Islamic Republic of Iran will start negotiations regarding the final deal exclusively on the other paragraphs.

14. The final deal will be endorsed by a binding UNSC resolution.